Hello everyone, let's take a look at the SHIB to USDT chart in 1 hour. As you can see, the price is below the local downtrend line.
Let's start by marking the support line and as you can see the first Stop Loss that the price is currently based on is $ 0.00001981 in the case of a support break, the next Stop Loss to consider is $ 0.00001916 and the next one is $ 0.00001838.
Now let's move on to the goals we can set for the next few hours as you can see in the chart, the first goal is $ 0.00002001 and the next ones are $ 0.00002103, $ 0.00002186, $ 0.00002269.
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and securing your stop loss positions.
Let's start by marking the support line and as you can see the first Stop Loss that the price is currently based on is $ 0.00001981 in the case of a support break, the next Stop Loss to consider is $ 0.00001916 and the next one is $ 0.00001838.
Now let's move on to the goals we can set for the next few hours as you can see in the chart, the first goal is $ 0.00002001 and the next ones are $ 0.00002103, $ 0.00002186, $ 0.00002269.
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and securing your stop loss positions.